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The Financial Secretary, Mr John C Tsang, visited the Johannesburg Stock Exchange today (December 6, South Africa time) on the third day of his visit to South Africa.
The Johannesburg Stock Exchange is the largest in Africa and is one of the top twenty major exchanges in the world. On arrival Mr Tsang and the Hong Kong business delegation were given a presentation and took part in an interactive question-and-answer session on issues of mutual concern.
Their next stop was the Jewellery Council of South Africa, where Mr Tsang and the delegation had a productive exchange with representatives from the umbrella body of the jewellery, diamond and watch industries.
Mr Tsang and the delegation also attended a business luncheon with representatives from South Africa's leading financial institutions co-hosted by the Hong Kong Trade Development Council and the Johannesburg Chamber of Commerce and Industry.
Speaking at the luncheon, Mr Tsang welcomed investors from South Africa to take full advantage of Hong Kong's position as a global financial centre in the Asian time zone. Mr Tsang also encouraged South African companies to use Hong Kong as a capital-raising platform.
In the afternoon, Mr Tsang called on the Chinese Consul-General in Johannesburg, Mr Li Jiangning.
Later Mr Tsang and the delegation will attend a networking cocktail function hosted by Business Unity South Africa. This will be followed by a dinner hosted by Standard Chartered Bank.
Ends/Tuesday, December 6, 2011
Issued at HKT 20:14
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